Voya Investment Management LLC Sells 218,470 Shares of KraneShares CSI China Internet ETF $KWEB

Voya Investment Management LLC decreased its holdings in KraneShares CSI China Internet ETF (NYSE:KWEB) by 13.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,388,807 shares of the company’s stock after selling 218,470 shares during the quarter. Voya Investment Management LLC owned approximately 0.60% of KraneShares CSI China Internet ETF worth $58,344,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Raymond James Financial Inc. lifted its stake in shares of KraneShares CSI China Internet ETF by 9.0% in the first quarter. Raymond James Financial Inc. now owns 695,396 shares of the company’s stock worth $24,276,000 after acquiring an additional 57,596 shares during the period. Flow Traders U.S. LLC acquired a new stake in KraneShares CSI China Internet ETF during the first quarter worth approximately $861,000. Summit Financial LLC increased its holdings in KraneShares CSI China Internet ETF by 2.9% in the first quarter. Summit Financial LLC now owns 43,372 shares of the company’s stock worth $1,514,000 after purchasing an additional 1,218 shares in the last quarter. RPg Family Wealth Advisory LLC lifted its stake in KraneShares CSI China Internet ETF by 1.0% in the first quarter. RPg Family Wealth Advisory LLC now owns 146,882 shares of the company’s stock valued at $5,128,000 after buying an additional 1,407 shares during the period. Finally, Ieq Capital LLC boosted its holdings in shares of KraneShares CSI China Internet ETF by 77.6% during the 1st quarter. Ieq Capital LLC now owns 16,392 shares of the company’s stock worth $572,000 after buying an additional 7,162 shares in the last quarter.

KraneShares CSI China Internet ETF Trading Up 0.9%

NYSE:KWEB opened at $36.50 on Friday. KraneShares CSI China Internet ETF has a twelve month low of $27.27 and a twelve month high of $43.37. The company has a fifty day moving average of $38.45 and a 200-day moving average of $37.60.

The KraneShares CSI China Internet ETF (NYSE: KWEB) is an exchange-traded fund designed to offer investors targeted exposure to China’s rapidly evolving internet sector. Launched in May 2013, the fund seeks to track the CSI China Overseas Internet Index, which captures the performance of Chinese companies primarily engaged in internet and internet-related activities. KWEB provides access to companies operating across e-commerce, online gaming, social media, internet search, online entertainment and education, and related services.

The fund holds a diversified portfolio of equities that includes American depositary receipts (ADRs), Hong Kong–listed H-shares and companies trading on Chinese mainland exchanges.